Commercial Lead

Bilfinger UK; Kingston upon Hull; On-site; GBP 45,000 - 80,000; Full time

Job summary

An established industry player is seeking a Commercial Lead to oversee financial administration for a key portfolio. This role involves managing cash flow, providing cost estimates, and ensuring contract governance across various projects. You will play a crucial role in monitoring project budgets, conducting variance analysis, and preparing financial reports. Join a dynamic team where your expertise in quantity surveying and commercial issues will be valued, and contribute to the successful execution of projects in the petrochemical sector. This position offers an excellent opportunity for professional growth in a supportive environment.

Qualifications

• 5+ years in a contracting organization with a focus on Petrochem.
• Strong background in commercial issues and dispute resolution.

Responsibilities

• Manage cash flow and submit timely financial reports.
• Oversee cost checks and valuations on larger projects.
• Monitor project budgets and ensure timely execution.

Skills

Cash Management

Contract Governance

Change Order Estimation

Cost Control

Quantity Surveying

KPI Monitoring

Education

Engineering Qualification

Commercial Qualification

Bachelor's Degree in Engineering or Quantity Surveying

Tools

Project Controls Software

SAP

Job description

Hull, UKM, GB, HU12 8DS

Job ID: 64075

Commercial Lead

Location: Hull

Bilfinger UK is a leading engineering and maintenance provider, supporting customers across the chemical & petrochemical, nuclear, oil & gas, pharmaceuticals & biopharma, power & energy, utilities, renewables and food & beverage markets. We enhance the efficiency of assets, ensuring a high level of availability and reducing maintenance costs.

We have extensive experience in offshore and onshore facilities; specialising in asset management services throughout all life cycle phases from consulting, engineering, manufacturing, assembly, operations, maintenance, and decommissioning.

This commitment is delivered by an experienced and highly competent workforce of over 4,500 employees operating from 14 offices in strategic industrial hubs, upholding the highest standards of safety, compliance and quality.

To provide Commercial administration (Quantity Surveying) for the Saltend Chemicals Park Portfolio for the Bilfinger business.

Main Responsibilities

• Cash Management (AFP’s)
• The Timely submission of AFP’s
• The Sufficiency of AFP shall be assessed by comparing the Company theoretically modelled AFP with the actual submitted AFP.
• The comparison will invariably produce a variance between the two. An exception report shall be produced to explain any variance.
• The exception report shall be analysed to Identify themes for improvement and minimise the variance.
• Contract Governance and Discipline
• Estimating and negotiating change orders throughout the construction lifecycle
• Provide estimate and cost planning to include producing and presenting the final cost plan
• Reconcile changes to ensure that data is accurate
• Inform and drive engineering priorities based on cost impact.
• Manage cost checks and carry out valuations on larger projects. Complete timely, accurate cost checking and valuation processes.
• Assessment of change Work Orders and variations in line with the Contract of Agreement.
• Manage Cost impact / contingency management and commitment tracking log
• Performing quantity surveying, cost controls and change management activities throughout the project lifecycle
• Ensuring that post-contract cost variances and change control processes are managed effectively.
• Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place.
• Monitoring weekly progress.
• Evaluations of planned cost in comparison to original approved contract scope of work and identify difference in scope of works and submit to Client and get approval through Clients site specific software
• Evaluation of progress and generating reports to Company’s main system for progress measurement and accounting.
• Review and assessment of complex and high-risk scope of works for possible value engineering.
• Monitoring the weekly man-hours spent against the budget man hours.
• Monitoring projects with respect to budgeted cost, demand forecasts, time over-runs to ensure timely execution of projects.
• KPI performance monitoring
• KPI Scorecard production covering KPI’s under the following headings

• SHE
• Operational Performance
• Innovation & Improvement
• Weekly / Monthly / Annual governance reports:
• Ensure Risk Reduction/Change meetings (Internal/External) are held and attend, as necessary.
• Profit and Loss Monthly Reporting – Month End and WIP
• Prepare and submit monthly financial reports to meet Company timetable.
• Having prepared the report, an exception report shall also be produced to highlight changes from the previous months position.
• The changes shall be subsequently analysed to determine any themes which could be considered further, and improvements introduced.
• Monthly Financial Reporting and Forecasting
• Prepare and submit monthly financial reports to meet Company timetable.
• The report shall typically consider:

• Forecasts.
• Contract review slide pack.
• Having prepared the report, an exception report shall also be produced to highlight changes from the previous months position.
• The changes shall be subsequently analysed to determine any themes which could be considered further, and improvements be introduced.
  
  

Experience & Qualification

• 5+ years in similar role in a contracting organisation
• Experience of contracting in Petrochem sector (essential)
• Experience of Project Controls software or similar tools (desirable but not essential)
• Evidence of dispute resolution (desirable but not essential)
• SAP experience (desirable but not essential)
• ESSENTIAL: Either engineering or commercial qualification
• DESIRABLE: Degree (Engineering, Quantity Surveying, IT, or similar)
• Member of Profession Institution (e.g. MRICS or similar)
• Strong background in dealing with commercial issues
  
  

If you wish to speak to a member of the recruitment team, please contact 01224 246246.

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